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Stellantis/Foxconn Joint Venture: Off to the Smart Cockpit Together

High Ambitions: With a joint venture, the companies aim to conquer the market for smart cockpit solutions - also for third-party manufacturers. Topics include, among other things, telematics, AI-based applications, e-commerce transactions, and the integration of payment services.

Symbol image: PSA Communication
Symbol image: PSA Communication
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Nadine Bradl

Hon Hai Precision Industry Co., Ltd. (“Foxconn”) – together with its subsidiary FIH Mobile Ltd. – and Stellantis N.V. have recently announced that they have concluded a joint venture agreement. The joint venture, Mobile Drive, will focus on providing smart cockpit solutions for vehicles that break current design conventions and advance the development of intelligent connected vehicles, the companies said.

Mobile Drive will be held in equal parts by Stellantis and FIH. The partnership has combined Foxconn's capabilities in information and communication technology (ICT) with Stellantis' expertise in the automotive sector and is intended to ensure the growth of Mobile Drive.

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Everything Included and Much More

Mobile Drive will focus on developing infotainment and telematics solutions as well as a cloud service platform aimed at providing a comprehensive smart cockpit solution. The roadmap for software innovations includes, among other things, AI-based applications, navigation, voice support, e-commerce transactions, and the integration of payment services. The hardware innovations pertain to the smart cockpit and the telematics box.

Beyond the Stellantis Market

By exchanging intellectual property among its founding companies and vertically integrating their respective supply chains, Mobile Drive aims to create industry-leading digital automotive services to achieve a seamless user experience inside and outside the vehicle. In the future, the Smart Cockpit solution will be available not only for all Stellantis vehicles but also for third-party manufacturers. 

Translated automatically from German.
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